The retail prices of Tur (pigeon pea) and Urad (black gram) have remained stable over the past three months, largely due to a decline in mandi prices. The Department of Consumer Affairs has been holding regular discussions with the Retailers’ Association of India (RAI) and organized retail chains to ensure reasonable retail margins and prevent excessive price hikes.
Buffer Stock Utilization and Affordable Distribution
To directly impact retail markets, the government has converted part of its buffer stock of pulses into Bharat Dal, made available to consumers at affordable prices. Similarly, under the Bharat brand, rice and atta are distributed at subsidized rates. In the case of onions, calibrated releases from the buffer at Rs. 35/kg through stationary retail outlets and mobile vans in high-consumption centers have helped moderate prices and ensured availability.
Stable Import Policy to Augment Supply
To maintain adequate domestic availability, the import of Tur and Urad has been categorized as free until March 31, 2025, ensuring uninterrupted supply. Additionally, zero duty on Masur (lentils) and duty-free import of Desi Chana have been permitted till the same date. These measures have played a significant role in ensuring a steady flow of pulses into the market, avoiding price spikes.
Farmer Support Through Assured Procurement
The government, through NAFED and NCCF, has implemented the Price Support Scheme (PSS) and Price Stabilisation Fund (PSF) under PM-AASHA to safeguard farmers. As of November 22, 2024, 10.66 lakh farmers have registered for assured procurement of Tur and Urad. Additional support through seed distribution, outreach programs, and awareness campaigns has also strengthened this initiative.
Positive Kharif Crop Outlook
The Kharif season’s crop condition is favourable, with harvesting completed for short-duration crops like moong and urad, while the harvesting of Tur has just commenced. Good weather conditions have contributed to maintaining steady supply chains, which are expected to further stabilize prices in the coming months.
Impact and Outlook
The government’s strategic interventions—buffer stock management, import policy adjustments, and farmer-centric programs—have effectively stabilized prices and ensured the affordability of essential commodities. With continued efforts, the retail market for pulses and other staples is likely to remain balanced, benefitting both consumers and producers alike.